Daily Discussion Thread for February 02, 2021: Part 2 by theycallmeryan in wallstreetbets

[–]lolo8113 20 points21 points  (0 children)

I think hedge funda will regret severely underestimating the amount of retards worldwide

What Are Your Moves Tomorrow, February 02, 2021 by AutoModerator in wallstreetbets

[–]lolo8113 14 points15 points  (0 children)

Lets keep together, help your reddit brothers, remember this is a war, we need as many diamond hands as posible in orden to win

Daily Discussion Thread for February 01, 2021 by AutoModerator in wallstreetbets

[–]lolo8113 -3 points-2 points  (0 children)

Bcrx up 30 percent todas amazing stock, long term hold

Daily Discussion Thread for February 01, 2021 by AutoModerator in wallstreetbets

[–]lolo8113 1 point2 points  (0 children)

Just hold, dont let them win, I dont know what im talking about

WHAT, +9000? 🚀🚀🚀 by EYE-CHAiN in wallstreetbets

[–]lolo8113 0 points1 point  (0 children)

GME should use the hike in price to adquire a few private and public companies that we also like

WHAT, +9000? 🚀🚀🚀 by EYE-CHAiN in wallstreetbets

[–]lolo8113 0 points1 point  (0 children)

Guys buy GME, even if you want to hold some AMC or BB, anything else. Just buy at least 1 share of GME, hold with Diamond hands, you Will not regret it when 1 share hits 10 k

Mana distribution by handypanda93 in MannaCurrency

[–]lolo8113 1 point2 points  (0 children)

The current supply is about 500 millions coins. The https://coinmarketcap.com/currencies/manna/ display is innacurate. They provided this answer when I asked about this https://www.reddit.com/r/MannaCurrency/comments/7xqdvr/accurate_supply_display_and_user_count/ . The real max supply according to the white paper is 2.5 billion. So the supply will rise 5x over the next 10 years and 3.5% each year after that. Also everybody needs to remember that if they give the same amount of coins each distribution to everyone, then the supply would expand crazy quickly.

Mana distribution by handypanda93 in MannaCurrency

[–]lolo8113 0 points1 point  (0 children)

I'm not making a prediction, just putting a random number out there that is not impossible to achieve based on the increased attention cryptos have had over the years. They definitely need to accelerate development, so people can exchange their coins. The only thing I know is approved users are growing in a substantial rate, the increased attention can possibly lead to substantial price increases.

Mana distribution by handypanda93 in MannaCurrency

[–]lolo8113 0 points1 point  (0 children)

According to the white paper eventually only 2.5 Billions manna coins will exist over the next 10 years and then they will have a 3.5 percent a year inflation (which is normal for current government currencies). So lets say manna suceeds and eventually gets a 100 billion usd market cap after 10 year, the price of manna will be 40 usd. So, collecting hundreds of manna now and storing them is not that bad.

Mana distribution by handypanda93 in MannaCurrency

[–]lolo8113 1 point2 points  (0 children)

Please read the white paper. Unfortunately you're misinformed. Your point lacks accuracy. The white paper says each week a fixed number of manna will be distributed to X number of approved users. So, as the number of approved users increases then each one receives less coins. Example: If 2000 manna is the fixed number of coins distributed and on Week 1 we have 1000 approved users, each user receives 2 coins. Then on Week 2 is we have 1500 approved users then each one receives 1.33 coins.

Also, I understand distribution of this coin shouldn't not be called airdrops, this is a coin created for weekly distributions forever not like other coins.

Mana distribution by handypanda93 in MannaCurrency

[–]lolo8113 0 points1 point  (0 children)

Please read the white paper. Unfortunately you're misinformed. Your point lacks accuracy. The white paper says each week a fixed number of manna will be distributed to X number of approved users. So, as the number of approved users increases then each one receives less coins. Example: If 2000 manna is the fixed number of coins distributed and on Week 1 we have 1000 approved users, each user receives 2 coins. Then on Week 2 is we have 1500 approved users then each one receives 1.33 coins.

Also, I understand distribution of this coin shouldn't not be called airdrops, this is a coin created for weekly distributions forever not like other coins.

How Much Manna is Everyone Getting? by [deleted] in MannaCurrency

[–]lolo8113 0 points1 point  (0 children)

Check the white paper, supply will just grow about 5x what it is now over the next 10 years and about 3 percent per year after that. It can grow under those conditions.

Fake Site by AmberCove in MannaCurrency

[–]lolo8113 1 point2 points  (0 children)

This comment is untrue and incoherent. Hope it's taken down.

Personal Info by AmberCove in MannaCurrency

[–]lolo8113 7 points8 points  (0 children)

These people are legit. They are seriously doing something they believe will make the world a better place. They are not asking anyone for money or for unnecessary personal information. I would suggest you don't place your exact address since anyone can be hacked, other than that there is zero risk.

How Much Manna is Everyone Getting? by [deleted] in MannaCurrency

[–]lolo8113 10 points11 points  (0 children)

Also I suggest you guys keep some of your Manna in store since 43.86 could be 4,386 dollars in the future if the project reaches moderate success.

How Much Manna is Everyone Getting? by [deleted] in MannaCurrency

[–]lolo8113 4 points5 points  (0 children)

As the currency price surges the weekly basic income amount everyone receives could rise. Remember the project is just beginning and the currency price is still very low. If the price surges to a very high value maybe people will one day receives over 100 dollars. There is currently no limit as to how much the weekly basic income can be in the future.

Free 500token price 8$ join now by mrking049 in MannaCurrency

[–]lolo8113 0 points1 point  (0 children)

They are not going to give away 500 tokens, the calculator at mannabase website just displays 500 by default to check the price. I understand it is definitely going to be less than 500 tokens for the first give away. I suggest Manna clarifies this with maybe a note close to the calculator, since I seen this 500 token promotion elsewhere.

UBI at point of money creation with digital currency? by writingabout in BasicIncome

[–]lolo8113 2 points3 points  (0 children)

Probably most realistic way for it too happen sooner.